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Filo Shareholders Greenlight Acquisition by BHP and Lundin Mining

Filo Shareholders Greenlight Acquisition by BHP and Lundin Mining

The approval, announced on September 26, follows a special meeting of shareholders. The acquisition was overwhelmingly approved by Filo shareholders, with 99.99 percent voting in favor. The arrangement is subject to various closing conditions, including regulatory approvals and a final order from the Ontario Superior Court of Justice, which is scheduled for October 2. If...

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40% Increase in Indicated Resource in Gold Domain and 60% in Copper Domain for Nueva Sabana Deposit

40% Increase in Indicated Resource in Gold Domain and 60% in Copper Domain for Nueva Sabana Deposit

Refer attached Revised MRE by Mining Associates Pty Ltd and JORC Edition 2012 Table 1 Comment Antilles Chairman Brian Johnson commented: “Nueva Sabana’s MRE for the first stage of the proposed mine has increased in confidence and size and the outcropping high grade gold cap will underpin a low-cost, fast start-up operation. The updated MRE...

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Digging for Votes: BC NDP and Conservatives Tout Mining Platforms

Digging for Votes: BC NDP and Conservatives Tout Mining Platforms

To unlock this value, the NDP and Conservative parties agree that mine permitting and development need to be streamlined and fast tracked to benefit BC, as well as national energy transition ambitions. To achieve this, the NDP wants to boost the province’s critical minerals sector while maintaining high environmental, safety and Indigenous partnership standards, Eby...

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In Search of Alternative Financing for Critical Minerals Projects

In Search of Alternative Financing for Critical Minerals Projects

Several critical minerals, in particular lithium and nickel, have been suffering from depressed prices for more than 12 months despite projections of ever-increasing demand, driven by Western governments’ energy transition goals. Attracting finance into critical minerals projects is one of the key challenges standing in the way of diversifying existing supply chains, which are typically...

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Brightstar Completes Montague East Acquisition with BTR Group Mineral Resources Now 2.0Moz Au

Brightstar Completes Montague East Acquisition with BTR Group Mineral Resources Now 2.0Moz Au

HIGHLIGHTS For further details regarding the Transaction please refer to the Company’s ASX announcement released on 1 August 20241. Brightstar’s Managing Director, Alex Rovira, commented “The completion of the acquisition of the Montague East Gold Project from Gateway achieves the first step in Brightstar’s previously announced consolidation plan of the Sandstone district, adding shallow ounces...

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BHP: Global Copper Demand to Surge 70 Percent by 2050

BHP: Global Copper Demand to Surge 70 Percent by 2050

At the same time, a significant supply gap is emerging that could challenge the industry in the coming decades. BHP believes the expected rise in copper demand will fueled by both traditional industries and newer sectors. Historically, copper demand has been closely linked to economic development and industrialization. As countries industrialize, they require more copper...

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Exploration ground truths point to future innovation path

Exploration ground truths point to future innovation path

Technological innovation is the cornerstone of human progress. At their best the foundational technologies of the modern world – such as the global internet, digital technologies, space travel, clean energy, and AI – fill me with a belief that hard problems are not permanent fixtures in time and space. They are mutable barriers humanity must...

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Port of Montreal Strike Exacerbating Canadian Mining Sector's Supply Chain Woes

Port of Montreal Strike Exacerbating Canadian Mining Sector's Supply Chain Woes

The Québec-based Port of Montreal, a critical hub for Canadian trade, is facing another labor strike that threatens to disrupt industries reliant on the movement of essential goods. Longshore workers at the Viau and Maisonneuve Termont terminals initiated a three day strike early on Monday (September 30) morning, halting operations. The terminals handle over 40...